From cnbc.com: U.S. single-family home prices rose for the first time in 10 months, in an encouraging sign the battered sector is starting to stabilize, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained...
The latest Case-Shiller Index is out. An interesting quote or two from cnbc.com: "The economic news in the last few months, probably going back to December, has shown a lot of improvement. The housing news has been a bit more mixed," David Blizter, S&P index...
This is my month. Back in April 2009 at the VOSD housing roundtable, I speculated that the low point in Case-Shiller Index would be December, 2011. It was said off-the-cuff, and for comedic effect after Rich T. had just described how difficult it would be to predict...
The November 2011 Case-Shiller Index was released today. Here is the San Diego seasonally-adjusted CSI, compared to two other indicators: Month No. of SD Detached Sales Average $/sf SD Case-Shiller SA Nov. 2010 1,470 $248/sf 159.71 Oct. 2011 1,652 $230/sf 151.66 Nov....
The Case-Shiller Index for October, 2011 was published today, and the media is swamped with negativity. CR prefers the seasonally-adjusted; here are both for San Diego: San Diego CSI Sept Oct MOM % chg YOY % chg SA 151.67 151.61 -0.04% -4.5% NSA 153.72 152.86 -0.5%...
David Blitzer and his crooked bow tie make the usual psycho-babble comments on CNBC: http://www.cnbc.com/id/45475582 "Consumer attitudes have gotten a lot more negative about long-term commitments, and the No. 1 long-term commitment most people in this country made is...
The C-S index has its foibles, including the weighting of sales pairs based on when the previous sale happened, and also excludes flips and any other sales that occured less than six months apart. But I'll agree that the San Diego C-S index reflects the approximate...
Various interpretations are being put on the Case-Shiller numbers for August: Bloomberg: Home Prices Fall More Than Forecast CNBC: Home Prices Stabilize But Recovery On Hold MoneyCNN: Home Prices Rise For Fifth Straight Month Calculated Risk: Home Prices Increased...
From the wsj.com: U.S. home prices rose in July from a month earlier with a boost from seasonal demand, but were down from 2010 levels, according to the Standard & Poor's Case-Shiller home-price indexes. The housing market has been struggling to recover due to...
From HW - with no mention of last year's tax credit: The Standard & Poor's/Case-Shiller 20-city composite home price index, which will be released on Tuesday, likely rose 1.2% in July from the previous month, a Zillow Inc. forecast showed. The Case-Shiller, a key...
